Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Kareli branch in Narsimhapur, Kareli, Madhya Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Narsimhapur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0004336. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Kareli, Narsimhapur
Here are the key points that are associated with the IFSC Code UTIB0004336 of Axis Bank for its branch located in Narsimhapur, within the district of Kareli in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004336 |
| Branch | Kareli |
| City | Narsimhapur |
| District | Kareli |
| State | Madhya Pradesh |
| Address | Ground Floor, Patel Complex, Barman Road,Near New Bus Stand,Kareli, Dist Narsimhapur,M.P Pin 487221 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Narsimhapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004336 for the Kareli branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Kareli, Narsimhapur, Madhya Pradesh, are allotted a unique IFSC like UTIB0004336 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Narsimhapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Narsimhapur and Kareli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Kareli reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code UTIB0004336
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kareli in Narsimhapur.
For example, the IFSC Code UTIB0004336 of Axis Bank for the Kareli branch has these elements, identifying the bank and the branch location in Narsimhapur and Madhya Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004336 of Axis Bank for its Kareli branch located in Narsimhapur, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Narsimhapur and Kareli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Kareli or Narsimhapur to get the exact IFSC Code UTIB0004336.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Narsimhapur that will provide accurate information.
How to Use IFSC Code UTIB0004336 for Online Transfers?
Once you have the IFSC Code UTIB0004336 for the Kareli branch of Axis Bank in Narsimhapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004336. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0004336.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Kareli in Narsimhapur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Kareli, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Narsimhapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004336.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Patel Complex, Barman Road,Near New Bus Stand,Kareli, Dist Narsimhapur,M.P Pin 487221 located in Narsimhapur, Kareli, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.